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BofA Remains Bullish on Sana Biotechnology (SANA)

BofA Remains Bullish on Sana Biotechnology (SANA)

Yahoo16 hours ago

Sana Biotechnology, Inc. (NASDAQ:SANA) is one of the 13 Best Long-Term Penny Stocks to Buy According to Analysts. On May 14, Bank of America Securities analyst Alec Stranahan maintained a Buy rating on Sana Biotechnology, Inc. (NASDAQ:SANA) and set a price target of $6.00.
The rating update came after the company announced on May 12 plans to present at the BofA Securities 2025 Healthcare Conference.
A scientist working with a microscope in a laboratory, focusing on a cell of a medical experiment.
In addition, Sana Biotechnology, Inc. (NASDAQ:SANA) presented positive 4- and 12-week clinical results for its ongoing type 1 diabetes study. The company plans to file Investigational New Drug applications (INDs) for SG299 in B-cell-related diseases and for SC451 in type 1 diabetes as early as 2026.
As of fiscal Q1 2025, Sana Biotechnology, Inc. (NASDAQ:SANA) has a cash position of $104.7 million, with an expected cash runway into 2026.
Sana Biotechnology (NASDAQ:SANA) is a biotechnology company that specializes in using engineering cells as medicines. It develops cell engineering programs that transform treatment across several therapeutic areas with treatment gaps, including diabetes, oncology, the central nervous system, and B-cell-mediated autoimmune disorders.
While we acknowledge the potential of SANA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.

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Trump's lonely attacks on Powell
Trump's lonely attacks on Powell

Politico

time26 minutes ago

  • Politico

Trump's lonely attacks on Powell

Presented by Editor's note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day's biggest stories. Act on the news with POLITICO Pro. Quick Fix President Donald Trump called on lawmakers to work over Federal Reserve Chair Jerome Powell for keeping interest rates elevated. In the first of two scheduled hearings on central bank policy this week, GOP Congress members left their pipes and brass knuckles at home. House Financial Services Republicans on Tuesday offered little pushback to the Fed chair's case for keeping borrowing costs steady until there's greater clarity on how the president's tariff policies ultimately affect consumer prices. Reps. Mike Lawler of New York and Bill Huizenga of Michigan offered up resistance — with Lawler channeling Trump in saying Powell is already too late when it comes to easing financial conditions — but no one went the full monty in echoing the president's name-calling or public harangues. The Hill's tepid resistance to Powell on rates suggests there are still limits to how far most congressional Republicans will go when it comes to the Fed. Since returning to the White House, Trump has demonstrated an extraordinary ability to dictate the GOP's messaging and policy agenda. Yet few lawmakers are willing to match the president's theatrics when it comes to Powell, who has spent years building relationships with key members of both parties. 'There is relatively little policy reason to join that attack on Powell,' said Sarah Binder, a professor at George Washington University and a senior fellow in Governance Studies at the Brookings Institution. Inflation has fallen, and the labor market still seems to be humming along at a healthy pace, she added. 'It makes sense that Republicans might be a little hesitant to pour more fuel on the fire.' Powell is scheduled to testify before Senate Banking at 10 a.m. today. Many GOP leaders — and Democrats, for that matter — would like to see the Fed bring down financing costs, particularly given the housing market's struggles. The combined effects of tariff uncertainty and tight financing conditions have created a challenging environment for central bank policymakers who hold increasingly divergent views on the rate path. Consumer confidence in the economic outlook is sputtering, according to a Conference Board survey released Tuesday, but so far the gloom hasn't been reflected in employment or inflation data. (Powell testified that the Fed could pivot to reducing rates if the tariff-related inflation many economists expect to arrive this summer is muted, or if the labor market softens). The view within the White House is that the Fed chair's speculation about how tariff policies could affect inflation has held up Trump's ability to spur domestic manufacturing and private investment, both of which are fundamental to Trump's long-term economic goals. Federal Housing Finance Agency Director William Pulte — who last week called for Powell's resignation — posted Tuesday that the Fed chair's policies are hurting 'real people who work good & hard, and are just trying to pay their car loans, credit cards, & mortgages.' Even so, there's also a recognition among Republicans that insulating Powell from political influence has its merits. Rep. Frank Lucas (R-Okla.) — the longest-serving Financial Services Republican — has been pushing for bipartisan legislation to do just that. And given how quickly economic outlooks have shifted during the Trump 2.0 era, it may be against the interests of GOP lawmakers to undermine public trust in a central banker who navigated the worst period of inflation in 40 years without triggering a recession. 'You don't want to weaken him. You want to strengthen him,' said Josh Lipsky, a former State Department and IMF official who's now the senior director of the Atlantic Council's GeoEconomics Center. 'More likely than not, we're going to have another bout of volatility in the coming months.' IT'S WEDNESDAY — Send MM tips and pitches to me at ssutton@ Driving the Day The Bitcoin Policy Institute holds its 2025 policy summit with speakers including White House crypto adviser Bo Hines, Sen. Cynthia Lummis, House Majority Whip Tom Emmer, Rep. 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Fewer than 50 percent selected inflation as their chief concern — a first since mid-2022. — JPMorgan's 2025 Business Leaders Outlook Pulse Survey — also out this morning — found that leaders of mid-sized businesses with between $20 million and $500 million of annual revenue are increasingly pessimistic in their economic outlook. Just 32 percent say they're optimistic, a decline of more than half since the start of the year, and roughly a quarter of respondents now expect a recession. Nearly 75 percent of those surveyed cited policy uncertainty as a reason for delaying their business plans this year. 'Businesses are operating with caution in the current environment,' Matt Sable, the co-head of JPMorgan Commercial Banking, said in a statement. 'Leaders are recalibrating where necessary to ensure they can continue to deliver for their clients and communities, highlighting their resilience and determination.' Crypto Floor vote — House leaders are looking at holding a vote on crypto legislation as soon as the week of July 7, Jasper Goodman reports. It may include a legislative package that would include new rules for dollar-pegged stablecoins as well as a broader crypto market structure bill, but no final decision has been made on whether or how to marry the efforts. Uh-oh — The Bank for International Settlements — an organization known as the central bank of central banks — is cautioning about the proliferation of stablecoins, Declan Harty reports. The tokens do show 'some attributes of money,' the BIS said in a chapter in its annual economic report. But stablecoins 'fall short' of qualifying as a type of sound money — in part because of their potential use for money laundering and terrorism financing, it said.

‘Buckle Up'—Bitcoin Price Suddenly Soars As Crypto Braces For A Huge Fed Flip
‘Buckle Up'—Bitcoin Price Suddenly Soars As Crypto Braces For A Huge Fed Flip

Forbes

time30 minutes ago

  • Forbes

‘Buckle Up'—Bitcoin Price Suddenly Soars As Crypto Braces For A Huge Fed Flip

06/25 update below. This post was originally published on June 24 Bitcoin and crypto have rebounded after a major escalation in the Israel-Iran conflict sent prices spiraling amid fears of a 'doomsday' scenario. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes' CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price has climbed back over $100,000 per bitcoin, helped by U.S. president Donald Trump's shock prediction of 'massive' crypto investment. 06/25 update: The bitcoin price has suddenly surged back toward touching distance of its all-time high of around $112,000 per bitcoin, climbing to over $107,000 after dipping under $100,000 this past weekend. The rally has emboldened bitcoin price bulls who remained optimistic in the face of geopolitical unrest over the last two weeks. 'Bitcoin's status as a safe-haven asset is still taking shape, but recent signals suggest it's edging closer,' Gadi Chait, head of investment at Xapo Bank, said in emailed comments. 'Traditionally seen as volatile, bitcoin's response to recent macro shocks, like the events in the Middle East, has been notably restrained, neither tracking gold perfectly nor mirroring equity sell-offs. Its V‑shaped recovery back above $105,000 in under 48 hours after falling into the nineties, highlights its growing liquidity and integration into mainstream portfolios.' Now, as the market digests a Congress game-changer expected to 'unleash' trillions, bitcoin and crypto prices are braced for Federal Reserve chair Jerome Powell's semi-annual testimony before lawmakers—coming after Trump suddenly flipped on firing him. Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run U.S. Federal Reserve chair Jerome Powell has committed to keep interest rates on hold, with some ... More predicting the bitcoin price and wider crypto market could soar once when it begins cutting. 'Aside from any geopolitical updates, today's key event will be Fed chair Jerome Powell's testimony in Washington,' David Morrison, senior market analyst at Trade Nation, said in emailed comments. Trump posted to his Truth Social account over night that the Federal Reserve board should 'activate," forcing Powell, who he's branded 'too late,' to cut rates by "at least two to three points," and "save the U.S. more than $800 billion per year.' 'I hope Congress really works this very dumb, hardheaded person, over,' Trump added. The Fed kept interest rates on hold again last week after kicking of a reduction cycle in September that's been put on pause due to fears Trump's global trade tariffs could see a return of inflation. 'All eyes are on the Federal Reserve chair Jerome's testimony before Congress and Friday's PCE inflation print to determine how close the Fed may be to its long-awaited policy pivot,' Ray Youssef , the chief executive of NoOnes, said via email. 'The most bullish scenario would be confirmation of a Fed dovish policy pivot or a major de-escalation in global trade and geopolitical tensions, either of which could spark renewed interest in risk assets and push bitcoin towards retesting its all-time high.' Expectations around an eventual Fed interest rate cut have been built up by crypto traders and influencers on social media. 'Buckle up,' one crypto trader posted to X alongside a hopeful prediction that 'trillions' will flow in to crypto once the Fed eventually cuts rates—now priced at a 22% chance in July, up from just 10% last week, according to the CME FedWatch tracker. Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious The bitcoin price has rocketed over the last year, with some predicting the bitcoin price will climb ... More even higher once the Federal Reserve cuts interest rates. Two Fed officials, Federal Reserve vice chair for supervision Michelle Bowman and Federal Reserve Bank of Chicago president Austan Goolsbee, have this week joined Fed governor Christopher Waller admitting it may be time to lower interest rates. 'It is time to consider adjusting the policy rate,' Bowman told a gathering held in Prague, it was reported by Reuters, while Goolsbee reportedly said that Trump's trade tariffs have 'not been what people feared." Powell has pointed to the expected increase in inflation as a result of Trump's so-called Liberation Day of global trade tariffs as reason to take a 'wait-and-see' approach to adjusting interest rates. Last week, Waller has said he doesn't expect Trump's tariffs to drive inflation higher so policymakers should be looking to lower interest rates as early as July. 'If you're starting to worry about the downside risk [to the] labor market, move now, don't wait,' Waller told CNBC.

Estimating The Intrinsic Value Of Grafton Group plc (LON:GFTU)
Estimating The Intrinsic Value Of Grafton Group plc (LON:GFTU)

Yahoo

time38 minutes ago

  • Yahoo

Estimating The Intrinsic Value Of Grafton Group plc (LON:GFTU)

Using the 2 Stage Free Cash Flow to Equity, Grafton Group fair value estimate is UK£11.45 Current share price of UK£9.95 suggests Grafton Group is potentially trading close to its fair value Analyst price target for GFTU is UK£11.89, which is 3.9% above our fair value estimate In this article we are going to estimate the intrinsic value of Grafton Group plc (LON:GFTU) by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. There's really not all that much to it, even though it might appear quite complex. Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (£, Millions) UK£122.0m UK£147.4m UK£167.8m UK£164.9m UK£164.2m UK£164.9m UK£166.7m UK£169.3m UK£172.4m UK£175.9m Growth Rate Estimate Source Analyst x4 Analyst x4 Analyst x4 Est @ -1.70% Est @ -0.43% Est @ 0.46% Est @ 1.08% Est @ 1.52% Est @ 1.83% Est @ 2.04% Present Value (£, Millions) Discounted @ 8.9% UK£112 UK£124 UK£130 UK£117 UK£107 UK£98.8 UK£91.7 UK£85.5 UK£79.9 UK£74.9 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = UK£1.0b We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.5%. We discount the terminal cash flows to today's value at a cost of equity of 8.9%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = UK£176m× (1 + 2.5%) ÷ (8.9%– 2.5%) = UK£2.8b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= UK£2.8b÷ ( 1 + 8.9%)10= UK£1.2b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is UK£2.2b. The last step is to then divide the equity value by the number of shares outstanding. Relative to the current share price of UK£9.9, the company appears about fair value at a 13% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Grafton Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.9%, which is based on a levered beta of 1.242. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for Grafton Group Strength Debt is not viewed as a risk. Dividends are covered by earnings and cash flows. Weakness Earnings declined over the past year. Dividend is low compared to the top 25% of dividend payers in the Trade Distributors market. Opportunity Annual revenue is forecast to grow faster than the British market. Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the British market. Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For Grafton Group, there are three important elements you should consider: Financial Health: Does GFTU have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Management:Have insiders been ramping up their shares to take advantage of the market's sentiment for GFTU's future outlook? Check out our management and board analysis with insights on CEO compensation and governance factors. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every British stock every day, so if you want to find the intrinsic value of any other stock just search here. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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